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716 State Highway, Eastham, MA, 02642 | $499,000
This charming, light-filled 2-bedroom, 1-bathroom cottage in Eastham has been thoughtfully refreshed for the perfect Cape Cod retreat. Located on the waterfront of Town Cove, the property offers direct water access, providing a gateway to Nauset Beach by boat, making it ideal for those who love spending time on the water. The two well-sized bedrooms offer privacy and space for guests, while the updated kitchen and deck invite easy indoor-outdoor living, perfect for summer entertaining. The cozy living room and sunroom create inviting lounge spaces to relax after a day at the beach or out on the Cove. Outside, an outdoor shower enhances the coastal experience, and the association offers boat slips and fishing opportunities, allowing you to fully embrace the Cape's waterfront lifestyle. Recent updates include new luxury vinyl flooring, a tankless hot water system, and a new stove, blending convenience with classic charm. The HOA manages common areas, and the property boasts a strong rental history, making it an excellent investment. 716 State Highway is a nostalgic reminder of simpler times, offering a retreat to enjoy the natural beauty and relaxed lifestyle of the Cape!
Features
- Heating: Other
- Cooling: None
- Levels: 1
- Rooms: 4
- Bedrooms: 2
- Baths: 1 full
- Year Built: 1957
- Common Charge: $260 Monthly
- Approx Sq. Feet: 520
- Est. Taxes: $2,386
- Lot Desc: South of 6A
- School District: Nauset
- Appliances: Tankless Water Heater, Gas Water Heater
- MLS#: 22404693
- Website: https://www.raveis.com
/prop/22404693/716statehighway_eastham_ma?source=qrflyer
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888.699.8876
Contact@raveis.com
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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
716 State Highway, Eastham, MA, 02642
$499,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Merola
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
| Monthly Tax Payment | $199 | $199 | $199 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,723 | $2,653 | $3,423 |
| Total Monthly Payment | $2,997 | $2,927 | $3,697 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630